Published on August 14th, 2015 | by bitcoin0
In a Deal That Accelerates Consolidation of European Bitcoin Services, Coinify Acquires Coinzone.
In May Bitcoin Magazine reported on the European expansion initiatives and plans of two European Bitcoin startups, Coinify and Coinzone, respectively based in Denmark and The Netherlands.
“Growing European demand for Bitcoin means more and more consumers want a simple and secure way to transact,” said Coinzone co-founder and CEO Manuel Heilmann.
“Our aim is to make it easy for European consumers to do more with bitcoin.”
Both companies expressed the need for Bitcoin solutions tailored to European users.
In particular, some aspects of European regulations, both national and European Union (EU) -wide, must be addressed – for example, consumer protection and data privacy regulations.
A press release published on the Coinify site announces that Coinify will be taking over the operations of Coinzone.